Currency · USD
US dollar
What the news says about the US dollar, and where its rates, macro data, CFTC positioning and strength against the other 7 currencies stand, each reading against its own history.
News tone (24 h)
+0.26
Positive tone
Medium confidence
Declared by the AI and not yet calibrated.
It is an average weighted by each story’s importance and the AI’s confidence, so it may not match the count. Updated 22 minutes ago
Pohuant publishes general, descriptive information. It is not investment advice or a recommendation to buy or sell any instrument. Trading in the markets involves a risk of loss.
Readings by factor
Where each official series stands against its own history. These are not forecasts.
Relative strength
Performance against the other 7 currencies, 20 sessions (ECB rates)
0.11 %
Percentile 49 of 5 years · Usual
-0.02 pp over 1 week · Data as of Oct 28, 2026
Source: ECB (ECB Data Portal). Evidence: No predictive evidence: studies fx_cross_sectional_reversal:v1 and csfx_momentum_review:v1 inconclusive.
Performance against the other 7 currencies, 60 sessions (ECB rates)
1.83 %
Percentile 71 of 5 years · High
+2.26 pp over 1 week · Data as of Oct 28, 2026
Source: ECB (ECB Data Portal). Evidence: No predictive evidence: studies fx_cross_sectional_reversal:v1 and csfx_momentum_review:v1 inconclusive.
Macro
Macro momentum: official indicators against their trend (−1 to 1)
0.04 index
Percentile 58 of 5 years · Usual
+0.13 index over 1 week · Data as of Oct 20, 2026
Sources: BLS, BEA, Census, Fed, Eurostat, ONS, StatCan, e-Stat, FSO, OECD. Evidence: No predictive validation (out-of-sample IC ≈ +0.01).
Rates and curves
Central bank policy rate
3.88 %
Percentile 43 of 5 years · Usual
+25 bp over 3 months · Data as of Oct 20, 2026
Source: Bank for International Settlements (BIS). Evidence: No predictive validation (out-of-sample IC ≈ 0); carry study fx_carry_spot:v1 inconclusive.
10-year bond
4.99 %
Percentile 98 of 5 years · Very high
-13 bp over 1 week · Data as of Oct 27, 2026
Source: U.S. Treasury via FRED, Federal Reserve Bank of St. Louis. Evidence: No predictive validation (out-of-sample IC ≈ 0); carry study fx_carry_spot:v1 inconclusive.
2-year bond
4.7 %
Percentile 83 of 5 years · High
-9 bp over 1 week · Data as of Oct 27, 2026
Source: U.S. Treasury via FRED, Federal Reserve Bank of St. Louis. Evidence: No predictive validation (out-of-sample IC ≈ 0); carry study fx_carry_spot:v1 inconclusive.
Valuation
Real effective exchange rate against its 10-year trend
4.4 %
Percentile 25 of 15 years · Low
-1.2 pp over 1 month · Data as of Sep 30, 2026
Source: Bank for International Settlements (BIS). Evidence: Pre-registered review reer_valuation_review:v1 rejected.
USD positioning is not directly observed in CFTC data; it is not shown.
US dollar pairs
Currency pair
EUR/USD
Euro · US dollar
-0.14
−10+1Negative tone · 71 stories
Currency pair
GBP/USD
British pound · US dollar
-0.18
−10+1Negative tone · 82 stories
Currency pair
AUD/USD
Australian dollar · US dollar
+0.15
−10+1Positive tone · 66 stories
Currency pair
NZD/USD
New Zealand dollar · US dollar
-0.09
−10+1Negative tone · 70 stories
Currency pair
USD/JPY
US dollar · Japanese yen
-0.08
−10+1Negative tone · 67 stories
Currency pair
USD/CHF
US dollar · Swiss franc
Not enough news in the last 24 hours.
Currency pair
USD/CAD
US dollar · Canadian dollar
-0.17
−10+1Negative tone · 75 stories
Recent news
Headline and link to the original outlet, with our own summary and the tone for this page.
investingLive (ex-ForexLive) ·
Much ado about nothing? Fed chair Warsh talks up a storm but December rate hike bets barely budgeFed Chair Warsh spoke at length, but market pricing for a December rate increase barely moved, slipping only slightly to about 82% odds from 88%. The Fed also nudged up its view of economic growth.
- US dollar: positive tone
investingLive (ex-ForexLive) ·
investingLive Asia-Pacific market news: Oil eases on Vance’s Iran outreachA batch of Asia-Pacific market updates: oil slipped after reports of a Vance letter to Iran aimed at restarting talks, and gold stayed above $4,000.
- US dollar: positive tone
investingLive (ex-ForexLive) ·
PBOC sets USD/ CNY reference rate for today at 6.7147 (vs. estimate at 6.6596)The People's Bank of China set the yuan's daily reference rate at 6.7147 per dollar, stronger than the 6.6596 estimate and the strongest fixing since February 2023. The central bank also injected 115 billion yuan on a net basis through reverse repurchase operations.
- US dollar: negative tone
WSJ - Markets Main ·
The Fed’s AI Puzzle: Will High Rates Slow the Boom?Subscription outlet: headline and link only.
- US dollar: positive tone
WSJ - Markets Main ·
Gold Falls as Traders Mull Fed DecisionSubscription outlet: headline and link only.
- US dollar: positive tone
investingLive (ex-ForexLive) ·
The view from China: CITIC Securities still sees a 25bp Fed hike in DecemberCITIC Securities expects the Federal Reserve to raise rates by 25 basis points in December, with the terminal rate staying near current levels. The brokerage also sees no clear de-escalation between the US and Iran, keeping oil's risk premium intact.
- US dollar: positive tone
Bloomberg - Markets ·
Gold Edges Lower After Fed Holds Rates With Limited GuidanceSubscription outlet: headline and link only.
- US dollar: positive tone
Japan Times ·
Fed holds fire as Warsh telegraphs more hikes without saying itThe Fed kept rates unchanged, and Chair Kevin Warsh pointed to a solid economy and stubborn inflation, hinting that further rate increases remain possible.
- US dollar: positive tone
Bloomberg - Economics ·
Fed Holds Fire as Warsh Telegraphs More Hikes Without Saying ItSubscription outlet: headline and link only.
- US dollar: positive tone
investingLive (ex-ForexLive) ·
Gold heads for its biggest yearly drop in 11 years as the Iran war lifts yields and the dollarGold is on track for its largest annual decline in eleven years, pressured by war-driven oil gains that pushed yields and the dollar higher. Analysts say easing oil prices or US-Iran talks would remove a key headwind.
- US dollar: positive tone
Bloomberg - Markets ·
US Stock Futures Decline, Fed Keeps Rates Steady: Markets WrapSubscription outlet: headline and link only.
- US dollar: positive tone
investingLive (ex-ForexLive) ·
Recap: Fed holds at 3.75%-4% in 10-2 vote as Cook dissents for a hike, December move in focusThe Federal Reserve kept its benchmark rate at 3.75%-4% in a 10-2 vote. Two officials dissented in favor of a hike, and Chair Warsh did not push back on market expectations of a December increase.
- US dollar: positive tone
Yonhap - English ·
(3rd LD) Fed holds key interest rate steady; Warsh says inflation 'too high'The Federal Reserve kept its benchmark interest rate unchanged. Chair Kevin Warsh said inflation remains too high.
- US dollar: positive tone
Bloomberg - Markets ·
Fed mantiene tasas sin dar muchas pistas sobre diciembreSubscription outlet: headline and link only.
- US dollar: positive tone
FT - World ·
Fed holds fire on interest rates despite intensifying inflationSubscription outlet: headline and link only.
- US dollar: positive tone
Bloomberg - Politics ·
Bessent Plays Down Concerns Over AI Financing, Fed Rate PolicySubscription outlet: headline and link only.
- US dollar: positive tone
Bloomberg - Markets ·
Fed Officials Left Interest Rates UnchangedSubscription outlet: headline and link only.
- US dollar: positive tone
WSJ - Markets Main ·
The Fed Held Steady on Rates, Leaving Investors to Sit Tight, TooSubscription outlet: headline and link only.
- US dollar: negative tone
investingLive (ex-ForexLive) ·
investingLive Americas FX news wrap 28 Oct: Fed holds rates, yield curve steepens as Big Tech earnings divergeThe Federal Reserve left interest rates unchanged at its October meeting, with Chair Kevin Warsh saying more data will guide future policy. Oil rose on Iran tensions, US crude inventories fell, and Bank of Canada's Macklem noted firms plan to pass on higher costs.
- US dollar: positive tone
Yonhap - English ·
(2nd LD) Fed holds key interest rate steady; Warsh says inflation 'too high'The Federal Reserve kept its benchmark interest rate unchanged. Chair Kevin Warsh said inflation remains too high.
- US dollar: positive tone